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20121202
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English 60
Search Results 0 to 49 of about 60 (some duplicates have been removed)
CSPAN
Dec 5, 2012 7:00am EST
rates are about raising money, not punishing success. in terms of the deficit, we have cut the budget deficit by 25%, will be getting an update on progress from the chancellor in a minute but let me ask this. how can you deal with the borrowing program by pledging to borrow more? >> let's just be clear, mr. speaker, about his answer on 60 p. the answer, the answer to the problem, the answer to the problem of tax avoidance is to give the people doing a tax cut. give them a big giveaway. the reality, the reality is, the reality the prime minister couldn't get away from, the deficit is going up, not down, on his watch. we all remember the posters which is airbrushed, i will cut the deficit, not the nhs. the facts speak for themselves. he cut the nhs and is not cutting the deficit. >> we are increasing spending on the nhs and we are cutting the deficit. we have cut the deficit by 25%. there are a million more private sector jobs. businesses are starting at higher rate than any time in our history. this economy is on the right track. we are equipping britain for the global race and on like
FOX News
Dec 8, 2012 1:00pm PST
. we have been talking about a snow deficit over the last several weeks. look at some of these departures ahead of the storm system. still very mild. in the 70s in little rock and the 50sin columbus ohio. behind it, much colder. >> maria, thanks. >>> coming up, our first look at the british nurse that is caught in a prank on the royal family. and prince william and kate devastated after that nurse is believed to have taken her own life. and now the not so funny prank backfiring on the pranksters. >> and the star of a wildly popular song hitting a sour note, now apologizing for comments he made about the united states just days before he is set to meet with president obama. and a new factor complicating efforts to reach a deal over the fiscal cliff. the president needs to make the next move. >> it is not going to help our economy, and it is not going to help those seeking work. i came out to put revenues on the table and to take a step toward the president to resolve this. when is he going take a step toward us? >>> welcome back and time for a quick check of the head lo
CNN
Dec 5, 2012 4:00am PST
discussed for more than a year and a half on the campaign trail, $4 trillion of balanced deficit reduction. weight not a real proposal what is john boehner sent to the white house which actually lowered rates for those at the top but asked the middle class to bear the entire burden of deficit reduction. that's not what the american people voted for. i mean if you look at even cnn's exit polls all over this country, upwards of 60, 65% of people voted for balanced deficit reduction, which means asking those at the top to pay their fair share. more people voted for that, the idea of that, then they voted for the president. so we need to look to the american people and look what they want on how to reduce the deficit. we have to do it in a balanced way and fair way. >> but if you look at polling and i know you don't always just go on polling, right, but polling is also -- you ask people what should be cut, 79% say don't cut medicare at all and i think that lots of things, democrats and republicans have said, that is on the table too. you don't always necessarily follow the polls when you liste
MSNBC
Dec 3, 2012 10:00am PST
is that at a minimum, any deficit package has to include this immediate february and march debt ceiling that we're going to hit. >> is jack lew the current chief of staff and former budget director the top candidate to be treasury? what is your best guess? >> he appears to be the frontrunner from everything you see and read and hear and he is a -- i've known him a long time. he's an accomplished guy. he knows these issues perfectly. he has worked in the financial community and has a sense of that and vice versa. and so i think he would be a it terrific choice. >> we should say there are a couple other people who have been rumored to being vetted. roger altman, former treasury official, larry fink, be erskine bowles. this what is alan simpson, erskine bowles' partner in the deficit commission, had to say about that possibility last week on the show. >> he said he would be very pleased to do that. he shared that with me personally, as long as they move the treasury department to north carolina, to charlotte. i don't think -- >> he's worked so hard on this. you don't think he could be persuaded? >
MSNBC
Dec 7, 2012 10:00am PST
a plan not just to avert the fiscal cliff, but importantly to really tackle the deficit and debt problems in this country. i am concerned that deal won't be big enough. is it going to be small or medium or big. we need a plan big enough to fix the deficit problems and make sure the debt is no longer growing faster than the economy. we're not going to be able to balance the budget in the near future because the fiscal hole is so big. you want to make sure the debt is not growing faster than the economy. that's going to take $4 trillion in savings. you need all parts on the table and constructed in a thoughtful way so that revenues are raised in ways that are good for the economy as possible, and that when we're looking at the spending in the budget, we reform our entitlement programs and reduce spending in way that's thoughtful and good for the economy. it's going to take a lot to get there, but i actually think most of the policy ideas are well known and we're now in this political negotiation where i think there's a lot of support for having them, if they're going to go through all this,
CBS
Dec 3, 2012 5:30pm PST
? >> reporter: scott, this republican counterproposal today is long on reducing the deficit and saving big on medicare, but it leaves the two sides still hundreds of billions of dollars apart and they are not close on the basic approach to solve the fiscal cliff. in a letter to the president, house republicans called their offer a fair middle ground. it's a ten-year framework that cuts the deficit by $2.2 trillion. it includes $600 billion in health care cuts-- mostly medicare and medicaid-- $300 billion in other mandatory spending and $300 billion in cuts to all other federal spending. by contrast, the president has proposed around $600 billion in cuts to all entitlements, including medicare and he'd reduce other federal spending by $100 billion a year. the president has also proposed spending $50 billion in new stimulus and republicans have refused to consider it. the biggest difference by far is in how to raise new revenues. republicans would raise $800 billion by reducing tax loopholes, not with a tax rate increase. the president would double new revenues to $1.6 trillion, with most of
CBS
Dec 6, 2012 7:00am PST
trillion and due to expire in february without more deficit reduction. >> history shows that the only major deficit cutting deals we ever do around here ever comes after debates over the debt ceiling. it may be a good idea if you don't care about the debt, but it's a nonstarter for those of us who do. >> reporter: public opinion generally is on the president's side. house republicans are not paralyzed or powerless. in fact, they're more unifyied behind speaker boehner than they were on the debt crisis a year ago. why does this matter? the white house is noticing if there is a deal boehner can find the votes to pass it. >> thanks. we want to give you an idea of what's really at stake here. rebecca jarvis has a lock at how the government spends money and how it could spend less. rebecca, good morning. >> good morning. >> it comes up in terms of the money we're talking about in raising rates. how much is it that the republicans are objecting to? >> if you lock at that $250,000 number, if you were to raise taxes on everybody making $250,000 or more in this countr
CBS
Dec 6, 2012 7:00am EST
the debt ceiling now $16 trillion and due to expire in february without more deficit reduction. >> history shows the only major deficit cutting deals we ever do around here, ever comes after debates over the debt ceiling. it may be a good idea if you don't care about the debt but it's a non-starter for those of us who do. >> reporter: public opinion generally is on the president's side, but republicans in the house are not paralyzed or perilous, more unified behind speaker boehner than a year ago. why is this important? the white house is beginning to notice and now believe there is a deal boehner can find the stroets pass it. >> an idea what's really at stake. rebecca jarvis has a look how the government spends money and how it could spend less. rebecca rebecca, good morning. >> reporter: good morning. >> the question comes up in terms of the money that we're talking about in raising the rate. how much is it that the republicans are objecting to? >> if you look at that $250,000 number, if you were to raise taxes on everybody making $250,000 or more in
CNN
Dec 4, 2012 2:00am PST
that calls for $2.2 trillion in deficit savings. it includes $800 billion in tax reforms, 600 billion in medicare reforms and 600 billion in spending cuts. because it doesn't contain tax hikes for the wealthiest americans or specifics about which loopholes will be eliminated, the president immediately rejected the republican proposal. want to know how far apart democrats and republicans are? listen to this. >> i think we're going over the cliff. >> it's unfortunate the white house has spent three weeks doing basically nothing. >> what we can't do is sit here trying to figure out what works for them. >> the president's idea of negotiation is roll over and do what i ask. >> it's clear to me they made a political calculation. if their ideas are different from ours, we can't guess what they are. >> they need to be more specific. >> some specificity from them. >> he can't be serious. >> haven't even begun to be serious. >> we need to get serious. >> i don't think they're serious. >> i would say we're nowhere. period. we're nowhere. >> hard to disagree with that. we're nowhere. period. >> t
MSNBC
Dec 5, 2012 12:00pm PST
deal with the deficit? that's not coming from the markets. the bond market is saying here's the money you want and we're kind of creating these things out of nowhere to force us to deal with the long-term deficit problem but the short term markets aren't doing it. >> neil, talk about these markets you speak of. i want to play a clip of maria the other day. >> the markets right now are expecting a deal. the markets have been trading fine. if we don't gate deal, we are going to see a sizable decline in stocks. we are going to get a big disappointment. >> markets will be disappointed. the markets have expectations. who is this mr. markets that is endowed with the personality anç expectations and is this monolithic creature that will respond to, you know, what's going on in washington? are we giving the markets a little bit too much personality here? >> well, yeah. i mean, obviously the market is millions of people and institutions all over the world deciding whether to buy stocks or bonds or whatever but more broadly, you know, it is true that markets aren't, you know, they're not alway
PBS
Dec 4, 2012 4:00pm PST
the president will do in terms of cuts. where are concerned about the deficit. i believe we will get there. i really do. >> you are a perennial optimist. you make everything seem sunny. we are at a stalemate. republicans do not want to raise taxes and democrats to know what to -- do not want to cut spending. >> the president has the political upper hand. if nothing happens, the tax rates do expire as is and they go up and the sequestration of takes place. he can vote -- publicly blame that on republicans to. he would have the upper hand. policy-wise east as -- he has to combat and ask for an increase in the debt ceiling. he knows that if he sours the atmosphere right now that it would be difficult for him to get an increase in the debt ceiling in a couple of months. i believe this motivation for both of us to say let's cut out all the political posturing and make a deal. we realize as professionals will have to get it done. >> what are you opposed -- why opposed?you >> taxes have been 18% of gdp. they're down now because of a question of rates but because of the economy. >> in sharing the bur
PBS
Dec 5, 2012 4:00pm PST
willthought to balance not be r. ways to reduce the deficit never are. but we must act together. when you look for savings, it is fair to local to the 1%. >> with multiple forecasts being downgraded, it has now become an issue about competence. they argue not only has the chancellor failed, but failed on his own terms. >> it has been completely derailed. the one test they set for themselves, balance the books and get the debt falling by 2015, that is now in tatters. >> after all, the facts and figures of the chancellor's statement -- after all of the facts and figures of the chancellor's statement, we are left with a feeling of malaise. >> you are watching bbc world news america. still to come, aero controversy at the hospital after the duchess of game birds -- the after information on the duchess of cambridge is released to two is jockeys. >> in bangkok, thousands of thais turned out to catch a glimpse of the mark on his 85th birthday in a rare public appearance prepare aero controvy at the hospital after the duchess of game birds -- the after information on the duchess of cambridge -- appear
WETA
Dec 5, 2012 6:00pm EST
on the pension pops. >> i know these tax measures willthought to balance not be r. ways to reduce the deficit never are. but we must act together. when you look for savings, it is fair to local to the 1%. >> with multiple forecasts being downgraded, it has now become an issue about competence. they argue not only has the chancellor failed, but failed on his own terms. >> it has been completely derailed. the one test they set for themselves, balance the books and get the debt falling by 2015, that is now in tatters. >> after all, the facts and figures of the chancellor's statement -- after all of the facts and figures of the chancellor's statement, we are left with a feeling of malaise. >> you are watching bbc world news america. still to come, aero controversy at the hospital after the duchess of game birds -- the after information on the duchess of cambridge is released to two is jockeys. >> in bangkok, thousands of thais turned out to catch a glimpse of the mark on his 85th birthday in a rare public appearance prepare aero controvy at the hospital after the duchess of game birds -- the afte
FOX News
Dec 8, 2012 3:00pm PST
at that. >> republicans frequently argue it is critical to get a handle on the nation's deficits before the u.s. becomes like greece. there a terrible economy with 26% unemployment, the highest in europe, and almost no job opportunities for young people frequently lead to riots in the streets. now here a leading democrat is suggesting cutting spending too quick -- too quickly is the real problem. >> the community is concerned about all of their as you teary too. there are many things you can do to reduce debt, but still have a a -- an aspect of the economy. >> some say europe's austerity is a drag on economic growth because it relies on taxation while failing to rein in the expansion of government. and that would seem to back up a republican theme in this fiscal cliff argument. >> if we raise taxes on the top two rates which is about a million small businesses who employ 25% of the workforce, it will cost us over 700,000 jobs and reduce economic growth and lower take home pay. that's a bad scenario. >> the lead negotiator on the republican side of the table facing mr. obama says raising
ABC
Dec 4, 2012 4:00pm PST
there. and what is missing is not only a deal, on long term deficit reduction. what smising is steps we can be taking now. >> if you own shares of oracle, next check will be bigger than usual. ora cell will pay next three dividends at once. the software giant joins a lift of companies moving dividends forward into the year to avoid a phone shall tax hike in january. and shares of pandora falling after the company says the loss will be wider than forecast. it wasn't all bad news, pan doora said sales rose 60% and profits rose 187%. stocks were little changed after the president held his ground about raising taxes to the highest income tern americans. your bloomberg silicon valley index closed qlor, apple, google and ebay dragging index down. disney and net flix reached an agreement giving subscribers first access to movies made by pixar, disney and marvel set to be released in to 16. this is the first time that a major studio bypassed traditional cable tv outlets. disney is the parent company of abc 7. at bloomberg studios in san francisco, i'm willow bay with bloomberg west. back to you
CNN
Dec 4, 2012 4:00am PST
put together a plan to move us towards some kind of deficit reduction package eventually evolved into the simpson-bowles commission plan. but the point i was making and i think the speaker is making is republicans have not come out here with some hardball, crazy off-the-table negotiation. what they have done is put something that bill clinton's former chief of staff at one time odd voe indicated for. and i think in the end that reflects that we are moving toward the potential compromise deal. >> he said -- >> i think i'm inappropriately in the middle here. i ought to be over there on the left. what bowles said yesterday was i was testifying before congress, and i described that as a midpoint between what republicans want and what democrats wanted. it was not what i would recommend. but i don't think that's even relevant. >> -- circumstances have changed since then. >> i don't even think that's relevant. i think the real question here and i think ron's right about this is are tax rates going to go up? yes, they're going to go up, because republicans are not going to have to vote f
NBC
Dec 6, 2012 7:00am EST
of how we fix our national deficit. as you well know, we face the fiscal cliff, a series of tax hikes and spending cuts that many people think if they go into effect will put the country into recession. yet we heard the treasury secretary tim geithner say the president is willing to see the country go off the fiscal cliff if republicans do not accede to his demands. >> it's probably pretty real. but you can't get to where we need to go by cutting spending, that won't cut it. you're going to destroy a fragile economy. you can't get there by taxing your way into it and you can't grow your way out of this. you have to have a blend. when you have leaders of parties and people from the administration saying i think it will be to the advantage of the democrats to go off the cliff or i think it will be advantage to the republicans to go off the cliff or the president to go off the cliff, that's like betting your country. there's stupidity involved in that. this is big-time stuff. >> let me ask you about a report that some republicans now are perhaps willing to see the tax rates rise to some
CNN
Dec 3, 2012 5:00pm PST
offer a counter proposal on the fiscal cliff. their plan, $2.2 trillion deficit savings over the next decade, but it does not include higher tax rates for the wealthy. the house speaker john boehner calls it a credible plan that deserves serious consideration by the white house. guess what? the white house released a statement tonight saying the plan is nothing new, that it lowers rates for the wealthy and sticks the middle class with the bill. so to borrow a phrase, we're nowhere. period. david walker is president and ceo of comeback america initiative. he's made it his mission to promote fiscal responsibility. he joins us along with cnn political analyst, david gergen. the house republicans put forward their counter proposal. speaker boehner says it's credible and the white house should consider it. is it credible or is it more of what you have called the irresponsible unethical immoral behavior of all the politicians here in washington? >> i think both sides are now putting things on the table but i think they're confused. what we have to do in the short term is avoid the fiscal cl
MSNBC
Dec 3, 2012 8:00am PST
. we know we cannot deal with a serious deficit problem in this country as well as meeting our obligation to americans as well as making sure we protect the middle class. so he's put out a serious proposal of revenues and spending cuts and economic growth that does strengthen the middle class and get that economic growth. that's perfectly good starting point. the fact that speaker boehner rejected that, we're in a tough spot right now. what the republican leadership in the house has to do is say look here's what we want to do, here's what we believe we should do. they have to understand that the president won, the democrats gained seats in the house and the senate. the american people have said find that common ground, the beginning of that common ground is make sure we protect the tax cuts for the middle class. make sure we don't hurt the fragile economic recovery in the short term and let's deal with protecting medicare and deficit reduction for the long term. >> there's a piece in the "new york times" talking about the president's new negotiate i want aing style. it said mr
MSNBC
Dec 7, 2012 11:00am PST
? >> well, issues like making sure we can pass a balanced approach to deficit reduction. we know we need to have some significance spending cuts. we know that we need to generate some revenue, and we clearly as a result of this election know that the american people support increasing taxes through tax rate increases on the wealthiest 2% of americans. those middle class tax cuts in that legislation would protect the tax cuts for 98% of americans and 97% of small businesses. that, as we are in the midst of the holiday season, is absolutely essential to continuing to get our economy turned around and focus on job creation. >> "the new york times" reporting today that negotiations are now down to just two people. the president, the house speaker. we know that some senate democrats dispute this. what do you think about this point with regard to the negotiations and who's in the room? >> i know that the president and his advisers are focused on making sure that in the discussions that they have with both the house and the senate that whatever plan they agree to includes a balanced approach. o
CBS
Dec 6, 2012 5:00pm EST
's part of an effort to slash $503 billion from the federal budget deficit through tax increases and deep spending cuts. >> you can learn more any time at www.wusa9.com and on 9 news. this has been a 9 news fiscal cliff note. >>> as we've been telling you here on 9 news, if an agreement cannot be reached by the 1st of the year, the cuts will have an enormous impact on houses, businesses and you name it and put a huge dent into medical research and drug development, possibly for years to come. automatic federal budget cuts means funding for the national institutes of health will be down and also funding for the fda. i spoke with a local family dealing with childhood cancer about how these cuts can make a delicate situation even worse. >> when i was first diagnosed, that's one of the few moments where i will say that i did cry. >> five yearsing that moment changed joan norris' life forever. the 14-year-old from kensington has leukemia, the most common form of cancer in children and teen-agers. it starts in the bone marrow and affects the blood cells. many family like the norriss wait and h
FOX News
Dec 6, 2012 3:00am PST
. not this president. when you look at the debt and deficits he run up. he run up more debt than all of the other presidents combined and maybe the republicans should let the president go ahead and sail off of the cliff and do it for the next generation. keep in mind, somebody may have to pay the bill it may be our children and our children's children. do we want to leave the country in better shape. >> gretchen: they will not have enough pennies in the piggy bank. moments ago kate middleton and prince william left the hospital. she was admitted on monday after suffering from acute morning sickness. kate was treated by the queens doctors. she is headed to kensington palace where she will rest for a extended time. the rogue nation of syria has begun mixing chemical weapons and loading them in to bombs. it is raising fears that president assad will use them on his own people. >> if he would drop the gas, it would kill 100,000 people immediately and in damascus a million people could be affected. it is very serious. >> gretchen: fox news learns that the military drawing up contingency plans in case
ABC
Dec 4, 2012 4:00am PST
' counterproposal was dead on arrival. the white house quickly rejected the $2.2 trillion deficit reduction plan, that would raise $800 billion in tax revenue over the next decade. but the plan calls for raising the revenue without raising tax rates on top income earners, something the white house views as unacceptable. during a photo op, the president avoided questions about the gop plan. >> no deal better than a bad deal, sir? >> reporter: a senior white house official called the proposal a step backwards. saying if republicans do not agree to some higher tax rates for the wealthy, the nation will go over the fiscal cliff, and the american people will hold them responsible. democrats also take issue with the proposal's spending cuts to medicare and social security. republican counter that tough cuts are needed to tackle the soaring debt, leaving washington locked in a stalemate, less than a month before every american sees their taxes shoot up. the gridlock has irritated people outside washington, like deborah page of arlington, texas. >> if i was working the way the president and congress was
CBS
Dec 4, 2012 4:00am PST
which he issued last week. they say their plan would cut $2.2 trillion from the federal deficit over ten years. with $600 billion in health care cuts, $300 billion in cuts to mandatory spending and another $300 billion in cuts to other federal spending. the biggest difference between the republican plan and the president's remains taxes and how the government can generate more revenue to pay down the debt. >> rates have to rise on the top 2%. there's no other way to do it. >> reporter: president obama says his plan will raise taxes on the rich, bringing in $1.6 trillion. republicans want to close tax loopholes and eliminate deductions, which they say will raise $800 billion in new revenue. >> the president has a huge responsibility to work together with congress and find a solution to avert the fiscal cliff. >> reporter: and they say it's now up to the president to find a plan that can pass both chambers of congress. so now that each side has rejected the other's first offer, it's going to be interesting and important to watch the timing of the next offer on the part of the white house t
FOX News
Dec 7, 2012 10:00am PST
for you right now. the congressional budget office just announced that the federal budget deficit for the last two months hit $292 billion. if we were to keep spending more than we take in at that rate america would add another $1.7 trillion to the national debt by this time next year. ironically this comes just about one hour after republican house speaker john boehner held a news conference suggesting that the president has been unwilling to compromise on a deal to cut our debt and complaining about washington's, quote, spending program. >> there are a lot of things that are possible to put the revenue that the president seeks on the table, but none of it is going to be possible if the president insists on his position. insists on my way or the highway. that's not the way to get to an agreement that i think is important for the american people and very important for our economy. alisyn: the bitter partisan fight over the debt deal even came up in a surprising way at last night's national tree lighting ceremony in washington. during a rendition of santa claus is coming to town on
CNN
Dec 7, 2012 11:00pm PST
much deficit reduction. too much spending cuts. when the private sector, when businesses and consumers are not spending, what we need is for government to be the spender of last resort. we don't want to go into major spending cuts. that's the austerity trap that europe has found itself in, and it would be crazy for us to go in that direction. >> before we go, very quickly, yes or no. do we have a deal by the end of the year? >> yes. >> and what about you, doug? >> marginally, yes. 60/40 in favor of a deal but they've got to get moving. >> we'll have to see if it's a real deal or another kick of the can down the road or some other interim thing. thanks for being here. >>> "outfront" next, the u.s. military draws up new plans for a potential strike against syria as we learn more about that country's stockpile of chemical weapons. >>> plus -- the u.s. supreme court agrees to take on the issue of gay marriage. and is that a signal, is that a signal that for republicans, it may be time to reconsider its view on this? >>> and a nurse duped by a prank call leaking information about the duches
CBS
Dec 3, 2012 6:00pm PST
a billion- dollar deficit for the 2013-14 year so a lot of challenges with a lot of inexperienced people so we'll see how they deal with it very soon. >> i'm sure voters would like to see some things get done. but time will tell. thank you, grace. >>> the u.s. supreme court is keeping the political world in suspense over the issue of gay marriage. justices once again did not decide today that they will take up the case. they will meet again friday to determine which petitions they will hear next year. >> it's like well we have so many cases on the docket let's just nut off until next week. no big deal and that's what happened. so it's really the dog that didn't park. it's a case that hasn't been resolved yet and we are just waiting. >> here's what's at stake. if the court denies a review, marriages could start in days. otherwise the status quo maintains until the appeal plays out. >>> the bizarre tactic john mcafee said he used to evade authorities when left belize. >>> i'm len ramirez in san jose where there was another murder over the weekend pushing san jose's homicide rate to a 20 year
CBS
Dec 6, 2012 5:00pm EST
of the deficit commission, former senator allen simpson. senecki's group, the can kicks back, is working to get young people involved in fixing the debt crisis. >> we're trying to connect with our generation in a different way. we're using humor to get them to learn about this situation and how it affects their life. >> reporter: the grass roots campaign wants to sign up more than 2 million people to put pressure on both sides. in washington, danielle nottingham, wjz eyewitness news. >> reporter: former senator allen simpson said in an interview today, that a fiscal cliff compromise must include new revenue and spending cuts. >>> the sun makes a return and that helped fight off the chill a little bit. taking a live look outside. the sun has set. and there is the washington monument. it will be lit momentarily. so is winter really back after our near record warm weather? bob is in the first warning weather center, updating temperatures for us. bob? >> well, we've got clouds and milder temps. but no record-making temperatures headed our way. not going
CNN
Dec 3, 2012 1:00pm PST
a significant, balanced approach to reduce our deficit our nation needs. so, wolf, here at the white house, they received this letter earlier in the day. they've had time to process it and clearly the white house not seeing this as something that they want to even bargain with. they've been saying that the next move is up to speaker boehner. and they wanted to see specific details so that they could actually begin the negotiations. what we see in this statement is that they feel he did not provide those details. now, the speaker and the president will see each other tonight we think at a holiday reception here at the white house. we'll see if they will actually discuss this, wolf. >> all right. the republicans hated the democratic initial proposal. the white house hates the republican counterproposal. we'll have much more in our next hour, jessica, thank you. >>> and you're in "the situation room." happening now, president obama issued a clear warning to the president bashar al assad. there will be consequences if you use chemical weapons against your own people. new details of the tragedy
CNN
Dec 7, 2012 8:00am PST
deficits for as far as the eye can see. washington has a spending problem. not a receive knew problem. the president doesn't agree with our proposal, i believe that he's got an obligation to families and small businesses to offer a plan of his own. a plan that can pass both chambers of the congress. we are ready and eager to talk to the president about such a plan. >> mr. speaker, you did speak with the president earlier this week. can you characterize that call? did he have any kind of counteroffer? also, we understand that he just is making clear that it is -- got to be increase in rates for the wealthy or no deal. are you willing to give a little bit, maybe just not all the way to 39.6? >> it was the -- the phone call was pleasant. but it was just more of the same. the conversations -- the staff had yesterday just more of the same. it is time for the -- president, if he is serious to come back to us with a counteroffer. >> mr. speaker, the jobs report indicated unemployment is down roughly a palm point from this time last year. lot of folks in business communities say no deal is go
CNN
Dec 3, 2012 4:00pm PST
before the joint select committee on deficit reduction, i simply took the midpoint of the public offers to demonstrate where i thought a deal could be reached at the time. he's very much backing away from speaking boehner's letter, but the question i wanted the to ask you -- >> can we spend one more point on that? >> of course. >> what did he say? that was the midpoint of a compromise from the two. so, here's speaker boehner who is taking a new point on the compromise between the two sides and offered it and it's already flatly rejected? >> i think what he might be rejecting, sir, if i may -- >> no, i'm not talking abo about erskine bowles. >> i think what he's saying in his statement, this letter from speaker boehner does not represent his theerly, number one, but i think the line the white house is have been problems with, i believe i found it in page two of the speaker's letter, he says this. notably, the new revenue in the bowles plan would not be a i chiefed through higher taxes, which we continue to oppose and will not agree to in order to protect small businesses and our economy.
CNN
Dec 3, 2012 6:00pm PST
have a looming budget deficit. so you don't have to really be a rocket scientist to understand that the rich do have to pay more. taxes do have to be raised on the rich and i think that's why over 60% of the public in these polls are not only supportive of a tax increase on the rich, but also will blame the republicans if we go over the fiscal cliff. and this gives frankly, this gives the white house and this gives the obama administration much more bargaining leverage. >> grover norquist, here's the problem, it seems to me. again, as long as the posturing goes on with fairly ridiculous offers on both sides and lots of political rhetoric along the lines of well, they're not giving an inch, we're going backwards, you can't really go backwards from a position of complete standstill, as far as i'm concerned. as this goes on, the american economy stalls, wall street's nervous, the consumers that should be out there now buying lots of christmas presents and boosting the economy will be reticent because they'll be thinking hang on, what's going to happen come the end of the year, am
CNN
Dec 3, 2012 8:00pm PST
to the president does not represent the bowles simpson plan, nor is it the bowles plan in my testimony on deficit reduction. i simply took the mid point of the public offers, put forward during the negotiations to demonstrate where i thought a deal could be reached at the time. he's very much backing away from speaker boehner's letter. the question i wanted to ask you is some of the details, as you know, it's all in. >> can we spin one more point on that? >> absolutely. >> here's speaker boehner who is taking a mid point on the compromise between the two sides and offered it, and it's already flatley rejected? >> i think he may be rejected, sir, if i may -- >> i'm not talking about simpson -- erskine boelsz. i'm talking about the white house's response to it. >> let's get to that too. i think what erskine bowles is saying in his statement, that this letter from speaker boehner does not represent his theory, number one, but i think the line that the white house is having problems with, and i believe i found it in page two of the speaker's letter, i'll read it to you if i can. he says this, notably
FOX News
Dec 7, 2012 7:00pm PST
, so the only way we get out of this situation, the only way we reduce our debt and deficit is through economic growth. we have to encourage individuals to raise capital. we have to encourage businesses to expand and create jobs. create new taxpayers. that's how you get new revenue. president obama wants to punish success. that's very sad. >> greta: you say that president obama wants to punish success. i'm curious to what extent you think those two percent people will in a commensurate way will reduce their charitable giving so they won't feel any sort of the pinch of the tax increase, but it will be charitable organizations. >> what's happening right now, businesses are speeding up dividends in anticipation of increased taxes. people are also speeding up charitable giving here at the end of the year. listen. americans. >> greta: next year. >> we're a generous society. >> that could be a problem. most people donate do it because they have a depth of feeling, they do it from a charitable heart. that's not going to curtail that much based on what happens to the tax code. >> greta: someon
KRON
Dec 7, 2012 5:00pm PST
on the the revenue necessary to combine with the savings and with the spending cuts to reduce the deficit, to create jobs, to grow the economy, to improve the lives of the american people. >> about twelve million americans remain out of work. economists forecast dire consequences without a washington, i'm karin caifa. >>catherine: this is the 71st anniversary of the date that will live in infamy. december 7th 19-41 was when the japanese attacked pearl harbor. this was a moment of silence as 2-thousand people gathered in hawaii to honor those killed in the surprise attack. ceremonies began at 7:55 a- m local time - the exact time the bombing began. the attack launched the u-s into world war two. coming up at six -- how the bay area marked the occasion. >>jacqueline: on the visibility and not that bad with reduced visibility novato. more on your forecast, fog and warmer temperatures, coming up. >> coming up hall of pillsbury doughboy and a high-definition camera can thelp you catch a thief in the next edition of people behaving badly. the next edition of people behaving badly. you won't take my life.
CNN
Dec 6, 2012 2:00am PST
that republicans do not believe this is the right path to cutting our deficit, into promoting economic growth, boehner says. they do not want to raise tax rates. on wealthy americans or any american. i was outside a meeting that the republican leaders had with the rank and file members yesterday, speaking to member after member after they were leaving their meeting. there's often quite a break from the leadership and rank and file. they have given john boehner trouble in the past but at this point, they are giving him some lee way and they seem to be rallying around the speaker and his negotiations at this point. there's no budging on either side. >> they said there was a lot of support there. president obama said i'm sticking to my guns also. the president is warning the republicans next move will be to use the upcoming vote on the debt ceiling as leverage in the budget battle. let's listen. >> if congress in any way suggests that they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation, which by the way we have ne
CNN
Dec 8, 2012 5:00am PST
cuts if congress fails to compromise on a deficit-reducing agreement by year's end. >> we need stability. we want a strong national defense for this country, i need to have some stability, and that's what i'm asking the congress to do, give me some stability with regards to the funding of the defense department for the future. >> the biggest effect caused by all of the government indecision, the inability to pass a budget, the looming sequestration is uncertainty. >> reporter: his small company of 40 employees manufacturers drones, mounts it with cameras for the military and first responders. >> what do we do? do we contract the business? do we try to hold the business constant? do we try to diversify into other market segments? every small business in the country is asking those fundamental questions. >> want to see it? >> part of the reason i was brought in there was to diversify the type of work that they do. they want to look more on the commercial side as well. >> reporter: despite confidence with their jobs, the unknown is nerve racking. >> with christmas coming up and so
CNN
Dec 8, 2012 7:00am PST
our deficit while still investing in things like education and research that are important to growing our economy, and if we're serious about protecting middle class families, then we're also going to have to ask the wealthiest americans to pay higher tax rates. that's one principle i won't compromise on. >>> holiday hiring may have given a big boost to the jobs report released yesterday. retail hirers hired more people than any month on record since 1939. 146,000 jobs were added to the economy last month, and the unemployment rate fell to a four-year low of 7.7% partly because thousands have just simply stopped looking for work. >>> more good news for your wallet. gas prices are down to an average of $3.36. it is the 16th consecutive time the price has dropped. the highest price for a gallon of regular is in high where it's $4.02. >>> he served his party as a republican, and now charlie crist is a proud democrat. he posted a twitter photo showing his registration papers, showing he is proud and honored to join the party in the home of president obama. crist ran for the u.s. senate as
CBS
Dec 4, 2012 7:00am PST
a republican counter offer. >> john boehner sent a proposal that offers more than $2 trillion in deficit reductions but no tax increase. >> he will not sign an extension of the bush era tax cuts for the top 2%. >> folks worried about the fiscal cliff, are you like me? are you worried about it and have no idea what it is? >> according to state tv iran's revolutionary guard captured a u.s. drone after it entered the iriranian air space over the persian gulf. >> but u.s. navy official says there are no missing drones. >> prince william and his wife katherine, expecting their first child. >> after the duchess was admitted to hospital. >> that child could grow up to be one of the most powerful unemployed people in the world. >> a search is under way in new york for a man accused of pushing another man to his death in the subway. >>> rg3, he made opportunities. >> 17-16 washington redskins. >> all that -- >> why don't you shut up? >> you are an embarrassment. >> please shut up. just shut up. >> you shut up. >> that got annoying at the end. >>> and all that matters. >
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